United Gulf Investment Corporation B.S.C Balance Sheet Health
Financial Health criteria checks 5/6
United Gulf Investment B.S.C has a total shareholder equity of BHD40.0M and total debt of BHD17.4M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are BHD69.7M and BHD29.7M respectively. United Gulf Investment B.S.C's EBIT is BHD1.6M making its interest coverage ratio 5. It has cash and short-term investments of BHD2.2M.
Key information
43.5%
Debt to equity ratio
ب.د17.42m
Debt
| Interest coverage ratio | 5x |
| Cash | ب.د2.20m |
| Equity | ب.د40.03m |
| Total liabilities | ب.د29.67m |
| Total assets | ب.د69.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UGIC's short term assets (BHD39.4M) exceed its short term liabilities (BHD14.4M).
Long Term Liabilities: UGIC's short term assets (BHD39.4M) exceed its long term liabilities (BHD15.2M).
Debt to Equity History and Analysis
Debt Level: UGIC's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: UGIC's debt to equity ratio has reduced from 83.7% to 43.5% over the past 5 years.
Debt Coverage: UGIC's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: UGIC's interest payments on its debt are well covered by EBIT (5x coverage).